The times. (Owosso, Mich.) 1882-1897, 1887-12-23

leaves an empty tIeoSury, anu Wueu 10 TO-
turns to power always finds full treasury"
HOW MR, BLAINE WOULD REDUCE THE
REVENUE
s'TAen do you mean to imply that there
should be no reduction Of the national reve-
nuef'
''No, what have said implies the reverse.
/ would reduce 1t by a prompt repeal Of the
tobacco tax and would male here and there
some changes in the tariff, not to reduce pro-
lection, but wisely foster it,"
"Would you explain your meaning more
fullyr'
~ mean," said Mr.. Blaine, "that no great
system of revenue like our tariff can operate
with efficiency and equity unless the changes
of trade be closely watched and the law
promptly adapted to those changes. But !
would make no change that should impair
the protective character Of the whole body
of the tariff laws. Four years ago, in the
act of 1883, we made changes Of the charac-
ter have tried to indicate. II such changes
were made, and the fortifying of our sea-
coast thus undertaken at a very moderate
annual outlay, no surplus would be found
after that already accumulated had been dis
posed of. The outlay Of money on fortifica-
tions, while doing great service to the coun-
try, would give good work to many men,"
''But what about the existing surplusp
1.-THE abstract Of the message have SEEM"
replied Mr. Blaine, contains no reference to
that point. / therefore make no comment,
further than to indorse Mr.. Fred Grants
remark that a surplus is always easier to
handle than deficit"
POSSIBLE EFFECT OF THE PRESIDENTS
POLICY.
The reporter repeated the question whether
the presidents recommendation would not,
if adopted, give us the advantage Of a large
increase in exports.
at only repeat" answered Mr.. Blaine,
"that it would vastly enlarge our imports,
while the only export it would seriously in
crease would be our gold and silver. That
would flow out bounteously, just as it did
under the tariff Of 1886 The presidents re-
commentator enacted into law would re-
suit, as did an experiment in drainage of q
man who wished to turn swamp into
productive field. He dug drain to a neigh
boring river, but it happened, unfortunately,
that the level of the river was higher than
the level of the swamp The consequence
need not be told. A parallel would be found
when the presidents policy in attempting to
open a channel for an increase of exports
should simply succeed in making way for
deluging inflow of fabrics to the destruction
Of home industry"
OUR OWN MARKET FOR OUR OWN PEOPLE.
crease our export trade q
Undoubtedly; but it is vastly more i'm
portant not to lose our own great market for
our own people in the vain effort to reach tho
impossible 1t is not our foreign trade that
hos fI,a n ORG md For
sion of the republic 1t is the vast domestic
trade between thirty eight states and eight
territories, with their population of, per-
haps, G2,OOO,OO0 today. Tho whole amount
of our export aud import trade together has
never, l think, reached $1,000, 900, 900 any
one year Our internal home trade on $780,
600 miles of railway, along $1,000 miles of
ocean coast over the five great lakes and
along 10000 miles of navigable rivers,
reaches tho enormous annual aggregate OF
moro than 10000, 900, 600, and perhaps this
year $50, 900, 100000.
ILLIMITADLE FREE TRADE AT HOME.
''It is into this illimitable trade, even now
in its infancy and destined to attain mag
nitude not dreamed of twenty years ago, that
the Europeans arc struggling to enter 1t is
the heritage Of the American people, Of their
u
gives an absolutely free trade over terri
tory nearly as large as all Europe, and the
profit is all our own. The genuine free trader
appears unable to see OF comprehend that tho
continental trade-not our exchanges with
Europe-is the great source of our prosper
ity. President Cleveland now plainly pro-
poses policy that will admit Europe to u
share of this trade"
A NEW POLITICAL ECONOMY NEEDED.
"But you are in favor of extending our for
eign trade are you not"
Certainly | am, in all practical and adj
vantageous ways, but not on tho principle of
the free traders, by which VIC shall be
constantly exchanging dollar for dime.
Moreover the foreign trade is often very
delusive. Cotton il manufactured in tho
city OF M residence. If box of cotton
goods is sent 200 miles TO tho province of
New Brunswick il il f, ign trade. If ship
ped 1900 miles round ape Horn to Wash
inSton territory it is Domestic trade. The
magnitude of the Union and the immensely
of its internal trade require o. new political
economy. The treatises written for Euro
poan states do not grasp our peculiar situa-
tion.n
THE SOUTH NEEDS PROJECTION.
"HoW VIII the president IS message DC taken
in the souths' IL don't dare to answer that
question. The truth has been so long obscurcd
by certain local questions Of unreasoning
prejudice that nobody can hoo for indus
trial enlightenment among tiicir leaders just
yet But in my view tho so1th above all
sections Of tho Union needs a protective
tariff. The two Nirgirias, North Carolina,
Kentucky, Missouri, Tennessee, Alabama and
Georgia have enormous resources and facili-
ties for developing and handling manufac
lures. They cannot do anything without
protection. Even progress SO vast as some Of
those states have made win be checked IL the
presidents message iscracted into law. Their
senator's and representatives can prevent it,
but they are 30 used to following anything
labeled Democratic that worry probably they
will follow the president and blight the prog
ress already made. BY the time some of the
southern states get free iron ore and COAL
while tobacco is taxed, they may have occa-
sion to sit down and calculate the value Of
Democratic FREQ trade to their local inter
cstsn
THE FALLAcY OF ADMITTING RAW MATERIAL
"Will not the preaidcnt's recommendation
-